Financial services and accountancy firm PKF Cooper Parry has announced plans to open a new office in Birmingham.

The firm, which is based at East Midlands Airport in Castle Donington, joined forces with the global accountancy network PKF International last year and is now looking to create a base with 75 or more staff in the city centre.

It said it was currently looking at options for the move into the West Midlands market which would happen via a merger, acquisition or by taking key individuals on board.

Chief executive Ade Cheatham said the new Birmingham office would be a reflection of the firm's three-year plan following a recent move to its new head office in Derbyshire.

He said: "We've been full steam ahead with our plans for expansion and domination of our market aiming to double in size in the next three years.

"We would want to be in the heart of the business community so we wouldn't want to service it, or even try to service it, from the East Midlands. We need to be in Birmingham city centre where the action is.

"I see our continued success as a reflection of the hard work and dedication of every single member of our team, from board members to students.

"Now we're at a point of standing back, taking stock and looking to the future and where we go next. We've got a clear plan of how to do that."

The firm brought staff from its Nottingham, Derby and Leicester bases under one roof at East Midlands Airport in May.

It has also taken on 60 new team members over the last 12 months - bringing its head count to 220 - and is currently recruiting across most parts of the business.